Stocks took a step up after Trump said in a virtual address to the World Economic Forum that he would “demand that interest rates drop immediately.”
TD Cowen analyst Tom Fitzgerald raised the firm’s price target on American Airlines (AAL) to $30 from $25 and keeps a Buy rating on the shares.
U.S. stocks rose to a record as Wall Street regained some of the momentum that catapulted it to 57 all-time highs last year.
Wall Street was mixed in premarket trading on Thursday as major U.S. airlines stumbled and health insurance companies soared
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The S&P 500 climbed to a fresh record on Thursday, driven by President Donald Trump’s calls for immediate interest rate cuts and cheaper oil prices.
The S&P 500 jumped 0.5%, notching an all-time closing high. The Dow rallied 0.9%, while the Nasdaq Composite ticked higher by 0.2%. After touching a new intraday high during Thursday's session, the S&P 500 is also on track to close at a record.
The S&P 500 ( ^GSPC) jumped over 0.5% to secure its first all-time closing high of 2025. The Dow Jones Industrial Average ( ^DJI) popped around 0.9%, while the Nasdaq Composite ( ^IXIC) recovered from earlier session losses to finish the day up about 0.2%.
Anxiety over a Chinese startup's threat to American artificial intelligence dominance eased somewhat Wednesday as focus turned to the Federal Reserve’s rate decision due later in the day.
American Airlines (AAL – Research Report), the Industrials sector company, was revisited by a Wall Street analyst today. Analyst Thomas
Jefferies analyst Sheila Kahyaoglu maintained a Buy rating on American Airlines (AAL – Research Report) yesterday and set a price target of
U.S. stocks rose to a record Thursday as Wall Street regained some of the momentum that catapulted it to 57 all-time highs last year.